General Real Estate
Lease Rent
A periodic payment payable for a leasehold property according to applicable terms.
Applies in:Noida, Greater Noida, YEIDA
Detailed Explanation
Lease rent is a payment that may be payable by the lessee to the relevant authority or lessor for a leasehold property. The applicable amount, timing and conditions depend on the relevant lease deed, scheme and authority rules.
Related Terms
This definition is provided for general informational purposes only and is not legal, financial or tax advice. Property rules and authority policies can change — verify current requirements with the relevant authority or a qualified professional.